Cost Of Pvt Ltd Company

Minimum Directors: At least two directors are required to start a Private Limited Company.

Minimum Shareholders: A minimum of two shareholders is mandatory; the same individuals can act as both directors and shareholders.

Maximum Members: The company can have up to 200 shareholders, maintaining its private status.

Resident Director: At least one director must be a resident of India, i.e., has stayed in India for a minimum of 182 days in the previous calendar year.

Age Requirement: All directors must be 18 years or older and legally competent to enter into a contract.

Unique Company Name: The proposed name must be distinct and compliant with MCA naming guidelines to avoid rejection.

Registered Office Address: A valid address in India must be provided as the registered office for communication and compliance purposes.

Digital Signature & DIN: Each director must have a Digital Signature Certificate (DSC) and a Director Identification Number (DIN) to file incorporation documents.

Capital Requirement: There is no minimum capital requirement, allowing flexibility to start with any amount as authorized capital.